Red Electrica Corporacion SA is a Spain-based company active in the energy sector. The Company specializes in the transmission of electric energy, as well as in the operation of electric systems. The Company manages the Spanish high-voltage transmission grid and is responsible for its development, maintenance and improvement of the network�s installations, The Company�s activities also include the coordination between the generation, transmission and distribution of electric energy. The Company�s transmission grid is composed of more than 41,100 kilometers of high voltage electricity lines and more than 4,800 substation bays. The Company is operations through its subsidiaries in Spain, the Netherlands, Luxembourg and Peru.